Florida License Law
A Florida broker who charges fees for services beyond the commission (such as a 'transaction fee' or 'admin fee') must:
AGet FREC approval for each fee
BDisclose these additional fees in the listing agreement or buyer representation agreement✓ Correct
CApply these fees only to commercial transactions
DCharge fees only to the buyer, never the seller
Explanation
Any additional fees charged by a Florida broker (transaction fees, admin fees, e-document fees) beyond the commission must be disclosed to the client in the listing or buyer representation agreement. Surprise fees at closing can violate disclosure requirements.
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